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> Why would tech companies, who bring in billions in profits each quarter, be so dependent on zero interest loans? At least in the case of Facebook and Google,
by mullingitover 4y ago
> Why would tech companies, who bring in billions in profits each quarter, be so dependent on zero interest loans?
At least in the case of Facebook and Google, they were getting revenue from the rest of the startups that were dumping cheap money into marketing for growth. When that cheap money dries up for the startups it dries up for GOOG and FB as well.